Current Events > Economics

Why Affordable Housing Is So Hard to Find in America’s Big Cities

(1/1)

Ptarmigan:
Why Affordable Housing Is So Hard to Find in America’s Big Cities
https://fee.org/articles/why-affordable-housing-is-so-hard-to-find-in-america-s-big-cities/


--- Quote ---Few things better illustrate the dynamic of government intervention > unintended (but predictable) consequences of government intervention > further government intervention to mitigate these consequences…(ad infinitum) than housing.

Across the United States, it is frequently said that a lack of "affordable housing" is a problem. Predictably, this observation is usually followed by the demand that the government—local, state, or federal—"do something" about it. That "something" almost always involves spending more money or issuing a new raft of regulations.
--- End quote ---

Too much regulation is making housing less affordable. San Francisco has one of the highest median cost and it is over regulated. Same goes with Minneapolis and St. Paul.

Wineslob:
I've seen what happens to affordable housing after those that "need" it get it.



Instant slums.

Eupher:

--- Quote from: Wineslob on February 17, 2019, 12:19:46 PM ---I've seen what happens to affordable housing after those that "need" it get it.



Instant slums.

--- End quote ---

Yup. What the Section 8'ers don't pay for, they don't appreciate. So it becomes just another hellhole like the one they left.

Ptarmigan:

--- Quote from: Eupher on February 18, 2019, 01:02:59 PM ---Yup. What the Section 8'ers don't pay for, they don't appreciate. So it becomes just another hellhole like the one they left.

--- End quote ---

If you want to destroy a community, have Section 8 housing.

Navigation

[0] Message Index